TechFlow, on August 19, according to the latest data from on-chain analytics firm Glassnode, the holdings of Bitcoin's first-time buyers increased by 1.0% over the past five days, reaching 4.93 million BTC, indicating sustained new demand in the market. Over the same period, determined buyer holdings rose by 10.1% to 1.03 million BTC, though the growth pace has clearly slowed compared to April.
Notably, the holdings of profit-takers increased by 5.4%, reaching 1.83 million BTC—the largest increase this year. Meanwhile, although the number of loss-making sellers rose by 37.8%, the overall scale of actual losses remains relatively contained, suggesting limited market panic sentiment.
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